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1. The Stintson Corporation reported the following: Supplies $80 Notes payable $8,400 Cash 960 Prepaid expenses 290 Equipment 8,940 Accounts receivable 310 Unearned revenue 730

1. The Stintson Corporation reported the following:

Supplies $80 Notes payable $8,400
Cash 960 Prepaid expenses 290
Equipment 8,940 Accounts receivable 310
Unearned revenue 730 Accounts payable 970
Inventory 1,820

What is the company's current ratio? Round your final answer to two decimal places.

2. Data from the income statement is needed in the calculation of how many of the following ratios?

  • Current ratio
  • Return on investment
  • Days in inventory
  • Debt to assets ratio
  • Net profit rate

- 5

- 2

- 3

- 4

Please help and show work. thank you

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